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- What is the Supplemental Security Income (SSI)? - AARP
Supplemental Security Income (SSI) is a benefit program managed by the Social Security Administration that provides monthly payments to people who are older, blind or have a disability and face significant financial challenges About 7 5 million people received SSI benefits in September 2023, including nearly 2 4 million people ages 65 and older
- Who is eligible for Supplemental Security Income (SSI)? - AARP
Supplemental Security Income, or SSI, is a federal benefit program administered by the Social Security Administration that provides safety-net financial support for people in need You may qualify for monthly SSI payments if: you are 65 or older, blind or have a disability; you are a U S citizen or lawful resident;
- How Do Financial Assets Affect SSI Benefits? - AARP
Supplemental Security Income (SSI) is a safety-net government benefit for people who are older, blind or have a disability and are in financial need The Social Security Administration (SSA), which administers the program, sets strict limits on how much money SSI beneficiaries can earn and on the level of financial assets, such as savings or
- Social Security Proposing SSI Income Rule Change - AARP
The maximum federal SSI payment in 2024 is $943 a month for an individual and $1,415 for a married couple who both qualify Benefits can be reduced based on income from other sources such as work, investments or cash help from family and friends The average actual SSI payment in August 2024 was about $699, according to Social Security data
- How To Apply For Supplemental Security Income (SSI) - AARP
In 2025, the maximum federal SSI benefit is $967 a month for an individual and $1,450 for a married couple if both spouses qualify for the program SSI benefits are available to residents of the 50 states, the District of Columbia and the Northern Mariana Islands
- Social Security SSDI and SSI are Different Programs - AARP
Social Security was put in charge of SSI when the program was established in 1972 to replace a patchwork of state programs that provided federally financed benefits for people who are older, blind or have a disability and are in financial need Most states offer supplemental benefits to SSI recipients on top of the federal payment
- What Counts as Income For SSI? - AARP
Income is a key factor in determining eligibility for Supplemental Security Income (SSI), a monthly benefit for people in financial straits who are 65 and older, blind or have a disability The Social Security Administration (SSA), which operates the program, strictly regulates the type and amount of income someone can receive and still qualify
- Biggest Social Security Changes for 2025 - AARP
The COLA is applied to all Social Security payments — survivor benefits, family benefits and disability benefits, as well as retirement benefits — and to Supplemental Security Income (SSI), a monthly benefit administered by the SSA for people with low incomes and limited assets who are 65 or older, blind or have a disability
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